U.S. Commerce Secretary Urges Samsung and SK Hynix to Expand Semiconductor Production in the U.S.

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-10T02:52:00Z
Category: technology
Source: Bloomberg (reported by a Korean business news outlet)

U.S. Commerce Secretary Howard Lutnick has called on Samsung Electronics and SK Hynix to expand their semiconductor manufacturing facilities in the United States, aligning with the Trump administration's push for domestic production. This comes as Micron announced plans to invest over $250 billion in the U.S. by 2035.

Want more?

Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.

Open NewsSnap.ai